Outsourcing Essay Example | Topics and Well Written Essays - 3000 words

Outsourcing - Essay Example sourcing lies in the incompatibility of effective stakeholder participation with outsourcing projects especially those who outsource globally because very often this outsourcing takes place in far-flung corners of the world and which the stakeholders find it difficult to handle because of clash of culture and work environment. Like any other business the outsourcing process has its own pros and cons which play a big hand in either the success or the failure of the project. If the management of the tow parties is excellent and there is mutual trust and understanding between the firm and the vendor during the ongoing outsourcing project, the entire process will be successful and not incompatible with effective stakeholder participation. Technology in the information sector has progressed in leaps and bounds and entirely dominates modern life. From the lordly space shuttle to the lowly air conditioner appliance, computers are a part and parcel of every electronic system. To meet the needs of various types of systems and organizations dependent on those systems, different types of system development approaches have evolved. Some of them are: prototyping, rapid application development, system development life cycle or SDLC and object oriented methodology. The whole purpose of these methods is to enable the stakeholders to use reliable, steady and easy-to-maintain systems. The stakeholders may be technical supporters, direct managers, daily users and anyone who can participate in the system. Outsourcing is basically the result of the insistent demand for high quality information systems or IS along with the burden of paring down costs in the internal information technology or IT department of companies. As mentioned ea rlier, these last few years have seen the rapid development of Information System Outsourcing and many companies either outsource part or wholly of there is services to a third party which can be one or many vendors. This essay will briefly discus system